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Tesco Bank has told customers that they can register to hear about its new
current account as it puts the final touches to its long-delayed financial
product before the end of June.

The bank, which has been preparing to launch a basic current account for the
past three years, said that customers who registered would be the first to
learn about its terms and would receive an e-mail or text message when the
details were available.

Tesco is aiming to capitalise on the Government’s desire for a new clutch of
so-called “challenger banks” capable of breaking the dominance of the